Georgia Gulf Stock To Go Ex-dividend Tomorrow (GGC)
The ex-dividend date for Georgia Gulf (NYSE:GGC) is tomorrow, June 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $24.77 as of 9:35 a.m., the dividend yield is 1.2%.
NEW YORK ( TheStreet) -- The ex-dividend date for Georgia Gulf (NYSE: GGC) is tomorrow, June 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $24.77 as of 9:35 a.m. ET, the dividend yield is 1.2%. The average volume for Georgia Gulf has been 571,600 shares per day over the past 30 days. Georgia Gulf has a market cap of $882.4 million and is part of the basic materials sector and chemicals industry. Shares are up 31.3% year to date as of the close of trading on Friday. Georgia Gulf Corporation engages in the manufacture and marketing of chemicals and building products in the United States and internationally. It operates through three segments: Chlorovinyls, Building Products, and Aromatics. The company has a P/E ratio of 11.1, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Georgia Gulf as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, generally poor debt management and disappointing return on equity. You can view the full Georgia Gulf Ratings Report. See our dividend calendar or top-yielding stocks list.